ABOUT MARKET NEWS

Purpose
Our service promotes market competitiveness by improving the quality and quantity of market information available to farmers and other industry interests. Our work helps bring stability and transparency to the marketplace by enabling buyers and sellers to accurately determine market value of their agricultural commodities.

Information Collection
Market information is collected through livestock auctions, direct communication with contacts, and received electronically from meat packing companies. Our market reporters are dedicated to working with industry to identify changes in markets. Through their close relationships to contacts and markets, reporters develop market reports that are relevant, foster trust, and maintain the integrity of our service.

Application and Impact
• Ensures equal access to market information
• Shapes wholesaler and retailer contracts
• Informs commodity traders to create pricing indexes
• Provides insight for policy decisions both domestically and abroad
• Publishes accurate prices that are used to underwrite policies and determent payment amounts

Users of Reports
• Producers
• Buyers
• Distributors
• Retailers
• Banks
• Insurance companies
• Commodity exchanges